Roaring Economy May be Partly True as Administration Turns a Blind Eye to Struggling Americans

Roaring-Economy-May-be-Partly-True-as-Administration-Turns-a-Blind-Eye-to-Struggling-Americans

Donald Trump keeps on reiterating that the economy is robust and booming but that is true only for the billionaires and not for the working class. The unemployment rate in US is comparatively low, actual inflation considered for remuneration for the standard American worker persistently declining and 140 million Americans are falling short of the resources to disburse for housing food, childcare, healthcare, transportation and a cellphone.

The entire America is asking this question if economy is booming why they have to work for extensively long hours for meager wages. If the economy is roaring, then why cannot they afford childcare? They are not being able to spend on their kid’s college education or for that matter cannot save sufficient money for a reasonable retirement.

The Americans also would like to understand why as taxpayers they have to sponsor and offer corporate welfare to the richest and the most commercial corporations in the country. What is the explanation for the fact that there are great corporations in America where CEOs collect exorbitant reimbursement collections, who disburse their worker’s wages in the least amount that they are forced to live on food stamps, Medicaid and public housing financed by the taxpayers to live.

In the time span of the first four months of this year Jeff Bezos the initiator of Amazon observed his capital rise by $275m, every single day. Bezos generates more wealth in 10 seconds than the average Amazon employee makes in a year.

Simon Morgan

Simon Morgan was born and raised in Ottawa. Simon has worked as a freelance journalist for nearly a decade and written for The Ottawa Sun, the Vancouver Sun and the Star. As a journalist for Island Daily Tribune, Simon mostly covers community events and human interest stories.

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Simon Morgan

About the Author: Simon Morgan

Simon Morgan was born and raised in Ottawa. Simon has worked as a freelance journalist for nearly a decade and written for The Ottawa Sun, the Vancouver Sun and the Star. As a journalist for Island Daily Tribune, Simon mostly covers community events and human interest stories.

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